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Greens Push $25B Plan for 624 Public Supermarkets Across Australia

October 10, 2026
02:42 AM
3 min read

Key Points

Greens propose $25 billion plan to build 624 publicly owned supermarkets nationally.

Plan forces Coles and Woolworths to sell 200 stores to government entity Fair Go Grocers.

Victorian Greens pledge $350 million to trial 10 state-owned supermarkets for four years.

Policy claims to cut grocery bills by 22 percent by operating without profit margins.

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The Australian Greens unveiled a $25 billion plan to create a national chain of 624 publicly owned supermarkets, forcing Coles and Woolworths to sell 200 stores to a government entity called Fair Go Grocers. Federal Greens leader David Shoebridge backed the policy at the Victorian campaign launch on October 9, claiming it would cut grocery bills by 22 percent and operate without profit margins.

How the public supermarket plan would work

The Greens’ think tank proposes forcing Coles and Woolworths to divest 200 stores and three distribution centres to Fair Go Grocers, a publicly owned entity. The federal government would then construct an additional 424 stores and 10 distribution centres. The federal government would fund capital costs, while operating expenses would be covered by store revenue. Crucially, the operation would run without a profit margin.

The $25 billion price tag and price cut promise

The plan would cost more than $25 billion to implement. The Greens claim it would cut grocery bills by 22 percent, citing inspiration from New York Mayor Zohran Mamdani’s affordable supermarket network, which aims to lower costs by 30 percent. The think tank proposal argues the plan is viable and only lacks political will to succeed.

Victorian Greens campaign trial and national rollout

The Victorian Greens separately pledged $350 million to trial 10 state-owned supermarkets for four years as part of their state election campaign. Federal Greens leader David Shoebridge said the idea is viable and can work, citing New York’s model. The campaign launch on October 9 in Melbourne’s inner north included a vegetarian buffet and raffle prizes to draw media attention to the policy.

Why this matters for Australian shoppers

Grocery affordability has become a major election issue in Australia. The Greens argue that government-owned supermarkets would reduce prices by removing profit margins and competing directly with Coles and Woolworths, which control around 65 percent of the supermarket market. The plan targets voters concerned about cost of living pressures, though industry groups have rejected the nationalisation proposal as economically unfeasible.

Final Thoughts

The Greens’ $25 billion public supermarket plan signals a shift in Australian election politics toward direct government intervention in grocery retail. Whether voters embrace or reject the policy will become clear in the 51 days before Victoria’s state election.

FAQs

How many public supermarkets would the Greens build?

The Greens plan to create 624 publicly owned supermarkets total, including 200 forced from Coles and Woolworths, plus 424 new stores built by the government.

What would the public supermarket plan cost?

The plan would cost more than $25 billion, with the federal government funding capital costs and store revenue covering operating expenses.

How much would grocery prices fall under the Greens plan?

The Greens claim grocery bills would drop by 22 percent under the plan, with the supermarkets operating without profit margins.

When would Victoria’s state election happen?

Victoria’s state election is in 51 days from October 9, meaning it will occur in late November 2026.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

About Author

Author

Huzaifa Zahoor

Co Founder

Huzaifa Zahoor is the engineer who built Meyka. He has spent years writing Python, training AI models, and building data pipelines specifically for financial markets. His technical articles have reached over 30,000 readers on Medium, so he knows how to make complex things easy to follow. If this article touches on how the tools work, he is the person who actually built them.

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